Ashfield Land has bought a 40-acre brownfield site to the west of Shawell, in Leicestershire, for a circa £100m GDV logistics development.
The plot was bought in an off-market deal from a private landowner. It has the potential for 630,000 sq ft of prime distribution or logistics space, and is located in the heart of the UK’s “Golden Triangle” for logistics uses, with good access to the M1 and M6 motorways.
Ashfield will promote the site for B2/B8 commercial development. It aims to submit a planning application to Harborough District Council at “the earliest opportunity”.
Ben Holmes, director at Ashfield Land, said: “This is a textbook Ashfield Land deal for a site which has outstanding potential for logistics development within a very exciting market.”
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Photo courtesy of Camargue
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